A third straight disappointing monthly U.S. jobs report sent stocks tumbling and pushed the Dow industrials into the red for the year. Paul Vigna has details on Lunch Break. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... I ... well we don't support deadly looking alive ... the action happening yet your stock Exchange on the Big Board the Dow Jones industrials down ... two hundred and four points after the act government report showing U S job growth ... slowing down last month significantly and of course the unemployment rate also ... declining higher at eight point two percent ... good afternoon everyone I'm Kelsey Hubbard welcome to lunch breaks are to have to bring in you in on such ... unfortunate is that of course about called the new year to thirty sort it all out ... I ... take care of that that result us every day and call this obviously was not to welcome you ... into the sport is much worse and really almost anybody expected ... to lose read and sign the economy at a time when ... the U S economy is a very very fragile state ... what's with as we have been signs from overseas overnight manufacturing report that China ... and Europe the overall they add to your up obviously with the sovereign debt crisis ... retailers and that ... discharge when no one really expected was great great reporting now was much worse than people thought and now yet people to think higher we calculation of what's going on the United States we see reflected in the stock market yet we are throwing at the Treasury of had a big drop off a goes into gold so I think people are panicking a little that the economy the US the ten year yields on US Treasuries ... the little one point five zero record terror timing unbelievably low ... people are pouring into Treasurys with juicy news ... all real concern among investors among traders ... biggest want their money ... he and I think it Treasurys are safe haven because ... it's upon us is in the fall and then also help us all the fall but you know you may not get any interest on it you may be losing ground in inflation really sharp but your money you say ... you are seeing a real flight to quality real flight to safe havens people are just concerned with keeping their money don't care right now at least about return on investment they wanna return of their past ... and in which an ancient unleashing the worst drop ... for the Dow this year and waking up again that week but depending on where we maintain that the Dow is right around where it started the year the SNP in the little bit above that of the SNP import number ... is twelve eighty four to throw it into one day moving average ... the technical marker it gets a peek at takes the towel when he does the losses go much further doubt that they hope that ... you might see a little bit of a rally into the close the deal in Lamach has a great one ... you might think that that's where the big battle being fought right now the of the Dow is right at the two thousand and one word started the year ... sell ... book every didn't happen the first quarter ... told them went away last month was worth all the troubles in Europe remains found that the fella ... I had ... a go at that but even in the real thing is that what no one that will air and it's going nowhere to go away ... that's the issue it's not going away